economics MCQs – Page 219

Practise multiple-choice questions from economics for competitive examinations and subject revision. Review each marked answer and report any item that may be outdated or unclear.

economics Mcqs

1. the national economy 2. profit maximizing under perfect competition and monopoly 3. application of economics 4. the aggregate demand aggregate supply model 5. surplus 6. money interest rates and output 7. average and total cost 8. stabilization adjustment reform and privatization 9. risks and diversification efficient market hypothesis 10. the phillips curve 11. supply and demand 12. capital formation investment choice information technology and technical progress 13. aggregate supply unemployment and inflation 14. elasticity 15. comparative gdp 16. roots of modern macroeconomics 17. production factors 18. poverty malnutrition and income inequality 19. trade regulations and industrial policies 20. monetary union 21. exchange rate systems and currency crises 22. economic development in historical perspective 23. exchange rate determination 24. monopoly competition 25. the balance of payments 26. inflation productivity 27. macroeconomic issues and analysis 28. employment migration and urbanization 29. macroeconomic policy tools 30. supply side policies 31. exchange rate adjustments and the balance of 32. miscellaneous 33. taxation 34. trade policies for the developing nations 35. markets efficiency and the public interest 36. the external debt and financial crises 37. budget deficits and the trade balance 38. alternative theories of the firm 39. public goods 40. the meaning and measurement of economic development 41. characteristics and institutions of developing countries 42. agriculture irrigation system of pakistan 43. education health and human capital 44. economic problems of developing countries 45. theories of economic development 46. basic of economics 47. consumer theory vs real consumers 48. applied microeconomics 49. long term economic growth 50. externality internality 51. fiscal and monetary policy 52. prices wages taxes 53. balance of payments aid and foreign investment 54. international factor movements and multinational corporations 55. entrepreneurship organization and innovation 56. the international economy and globalization 57. population and development 58. non tariff trade barriers 59. foundations of modern trade theory 60. global economic development 61. market 62. rural poverty and agricultural transformation 63. regional trading arrangements 64. foreign exchange 65. introduction to economics 66. world economy miscellaneous 67. sources of comparative advantage 68. natural resources and the environment toward sustainable development 69. monopoly 70. asymmetric information 71. income inequality 72. labour market 73. tariffs 74. development planning and policy making the state and the market 75. oligopoly 76. industrial development 77. costs supply and perfect competition 78. human capital 79. monetary fiscal and incomes policy and inflation 80. stocks

4361. In preindustrial societies education was intended for_______________?
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A. the masses

B. the obviously intelligent

C. a small elite

D. productive persons

4362. Which of the following is an unintended function of education ?
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A. Reinforcement of grammatical forms in language

B. Understanding mathematical concepts

C. Formation of youth leadership groups

D. Reinforcement of societys stratification system

4363. Overpopulation is a problem worldwide but only in relation to________________?
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A. poor contraception

B. demography

C. population density

D. political organization

4364. The family into which you were born is called_________________?
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A. my family

B. the family of orientation

C. the family of procreation

D. the family of origin

4365. The failure of rising expectations is related to______________?
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A. a general rise in the standard of living for all segments of society

B. false advertising and credit expansion

C. a rapid decline in the standard of living

D. dissatisfaction based on relative deprivation

4366. My country right or wrong is an example of_______________?
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A. legal-rational thinking

B. nationalism

C. a reasoned approach to detente

D. an internationalist world view

4367. A 44-nation survey regrading religions found that_________________?
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A. Americans are the least religious of these nations

B. Canadians are as religious as Americans

C. 59 percent of Americans said that religions played an important role in their lives

D. the English and the French are much more religious than Americans

4368. Disengagement refers to_______________?
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A. aged persons maintaining their regular social roles

B. a period before retirement

C. a pleasant interlude for the elderly

D. aged persons abandoning their regular roles so that younger people may assume them

4369. Urban families everywhere in the world_________________?
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A. willingly accept governmental family planning

B. follow the dictates of religion and culture

C. voluntarily curb their fertility

D. have attained zero population growth

4370. Prejudice and discrimination______________?
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A. have been a part of the relationships among diverse religious groups

B. none of the above

C. are tenets of some religions

D. have never existed toward diverse religious groups

4371. The most fundamental function of the family is_________________?
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A. feeding its members

B. keeping members sheltered

C. providing sex education

D. ensuring the reproduction of the species

4372. Social movements tend to______________?
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A. resist change

B. redirect change

C. encourage change

D. all of the above

4373. The United States Canada Northern and Western Europe among other areas are________________?
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A. still trying to curb population growth

B. in the third stage of the demographic transition

C. in the first stage of the demographic transition

D. threatened by under population

4374. Modern urban sociologists in contrast to the Chicago school believe that cities_______________?
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A. are doomed to total disorganization

B. are too expensive

C. stimulate creativity

D. will revert to rural areas within a short time

4375. Urban renewal has_________________?
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A. provided good housing for the poor

B. moved residents but not improved conditions

C. eliminated housing discrimination

D. secured many jobs for the poor

4376. Demographers believe that_______________?
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A. the underdeveloped nations must increase their birthrate

B. population grows in inverse proportion to food production

C. Western societies are doomed to extinction

D. the demographic transition represents a general pattern

4377. The nuclear family form is also called________________?
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A. consanguine

B. conjugal

C. procreational

D. extended

4378. A lake is polluted The fish in it die The algae make unpleasant odors It may be said that__________________?
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A. the environment is degraded

B. all of the above

C. biological capital is lost

D. the ecosystem is disturbed

4379. The emphasis on rural virtues__________________?
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A. is based on stereotypes

B. helped democratic representation in the states

C. gave urban dwellers an inferiority complex

D. has been reinforced by recent studies

4380. The oldest form of power rests on_______________?
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A. traditional authority

B. rational-legal authority

C. charismatic authority

D. the authority of force

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